A new report on Canada's rental rate hikes point to growing increases and records in Calgary amid a hot housing market that has no signs of cooling down.

Tens of thousands of Canadians were "Alberta bound" as they searched for a more affordable place to live amongst higher interest rates and home prices.

Alberta is projected to add roughly 2.3 million residents over the next 28 years, reaching 6.6 million by 2046. We'll get there by migration, with around 47 per cent coming from other parts of the world.